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Aerospace and defense industry

Boeing Starliner prepares to leaves space station empty, months later than planned

Boeing Starliner prepares to leaves space station empty, months later than planned

Business News

Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024 while docked with the International Space Station during the crew flight test. NASA Boeing‘s Starliner is set to leave the International Space Station on Friday, months later than the spacecraft was originally supposed to depart — and without […]

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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

Business News

A pilot performs a walkaround before a United Airlines flight Leslie Josephs/CNBC U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. Now the industry is cooling its hiring. Airlines are close to their

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree Read More »

Here’s where American Airlines is adding flights to Europe in summer 2025

Here’s where American Airlines is adding flights to Europe in summer 2025

Business News

Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023.  JanValls | Nurphoto | Getty Images As social media feeds make their seasonal shift from the Parthenon to pumpkin patches, airlines are busy preparing for the 2025 Europe travel season, a bet that strong demand for international

Here’s where American Airlines is adding flights to Europe in summer 2025 Read More »

Mynaric stock tanks after space lasers company slashes revenue guidance, announces CFO departure

Mynaric stock tanks after space lasers company slashes revenue guidance, announces CFO departure

Business News

A rendering of the company’s laser communications system on satellites in orbit. Mynaric Space stock Mynaric tanked in trading Tuesday after the company announced heavy cuts to its previous revenue forecast and the departure of the company’s chief financial officer. Germany-based Mynaric slashed its 2024 revenue guidance nearly 70% at the midpoint, cutting its previous

Mynaric stock tanks after space lasers company slashes revenue guidance, announces CFO departure Read More »

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures

Business News

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | Getty Images Boeing said Monday that it has paused flight tests of its 777X after it found damage in a structure of one of the

Boeing pauses tests of 777X aircraft after finding damage to one of the jets’ structures Read More »

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT

Business News

Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Airlines said that its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department after the period for antitrust

Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT Read More »

The first SpaceX spacewalk: What the Polaris Dawn commander says about the bold upcoming mission

The first SpaceX spacewalk: What the Polaris Dawn commander says about the bold upcoming mission

Business News

Polaris Dawn commander Jared Isaacman during spacesuit testing. John Kraus / Polaris Program SpaceX is preparing to launch its next private mission by the end of the month, featuring the first attempt to have the astronauts step out into space. The Polaris Dawn mission — the first of three flights billionaire and Shift4 founder Jared

The first SpaceX spacewalk: What the Polaris Dawn commander says about the bold upcoming mission Read More »

Private jet flights are down 15% in two years as Covid-era demand wanes

Private jet flights are down 15% in two years as Covid-era demand wanes

Business News

A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington’s Reagan National Airport on June 12, 2024, in Arlington, Virginia. J. David Ake | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to

Private jet flights are down 15% in two years as Covid-era demand wanes Read More »

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg

Business News

United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024. Hyoung Chang | Denver Post | Getty Images United Airlines CEO Scott Kirby says he is optimistic about Boeing‘s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat

United CEO expresses ‘renewed confidence’ in Boeing after meeting with new leader Ortberg Read More »

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